https://www.taxtmi.com/acts?id=4676 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is located. ''Immovable property'' is defined by the law of the State where the property lies and includes accessory property, landed property rights, usufruct and rights to payments for working or the right to work natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprise property income and property used for independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 19 Nov 2024 16:15:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4676 Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is located. ''Immovable property'' is defined by the law of the State where the property lies and includes accessory property, landed property rights, usufruct and rights to payments for working or the right to work natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use and applies to enterprise property income and property used for independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4676